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Author Topic: should hold or sold BNB ?  (Read 1522 times)
forexandcryptoauditor
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May 15, 2019, 03:24:12 PM
 #101

I think it dpends on the situation. Why you want to sell BNB? Even if you want to sell, I think you should sell half or your holdings. I think , for long term, we should hold BNB. There is lot more to come in coming years. I see a bright future for BNB due to dominance of Binance over other exchanges.
If you sell, when BNB will be in downtrend, accumulate more to increase the investment. At the moment binance is having huge customer base which is around  313,000 users. In near future, I see Binance will hold its number one position which in turn, will increase the price of BNB.

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May 15, 2019, 03:38:35 PM
 #102

I'm still kicking myself for not buying more BNB when I had the chance.  I know in the grand scheme of things an increase of $10 probably isn't that much, but if I had bought as much as I could, it would still be a pretty good return.  Right now with the way things are trending up, I think it makes sense to hold on a little longer.  If people start getting excited about the prices again, there is going to be a lot more action on the exchanges which will hopefully bump up the price of BNB. 
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May 15, 2019, 04:05:55 PM
 #103

I use binance exchange and for the BNB itself the ally is to be held because the price chart of the bnb always addresses the increase and exchange binance to maintain investor confidence even though yesterday there was the issue of bitcoin theft but hopefully this will soon be overcome


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May 15, 2019, 04:12:17 PM
 #104

BNB is a long-term investment coin. It would be better to hold it, as Binance has been getting more and more popular, so the price of its coin would definitely increase with the passage of time.

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May 15, 2019, 04:18:47 PM
 #105

I will suggest you hold your BNB and don't sell because of the incident. Know that even now the value of BNB keeps increasing instead of going down but it's still very strong.

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May 15, 2019, 04:22:21 PM
 #106

I think that it is better to switch to ETH today, it will continue to grow 100%. But the growth rate of bnb is a mystery. I think this is a good decision.

Why can't have both the coins?

ETH is definitely the no.2 crypto-currency in every aspect. The number of users and trade volumes can give competition to those of Bitcoin at any point. BNB is a relatively new currency, and it is tied to the cryptocurrency exchange Binance. Because of its relation with Binance, BNB does not have the kind of freedom that ETH possess.

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May 15, 2019, 04:25:14 PM
 #107

From what we have seen so far, BNB is always profitable. the news that you read, I think it's just a rumor for people who will take advantage of that moment to buy at a cheap price and when the rumors are fake then the price will really go up high, especially the price of bitcoin is now very good position. surely the BNB will follow the bullish trend too.

BNB is a long-term investment coin. It would be better to hold it, as Binance has been getting more and more popular, so the price of its coin would definitely increase with the passage of time.
I agree with your idea.


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May 15, 2019, 04:27:54 PM
 #108

BNB is a long-term investment coin. It would be better to hold it, as Binance has been getting more and more popular, so the price of its coin would definitely increase with the passage of time.
Either way, I see BNB is also a good asset for daily trading, even before they released their own chain I saved the BNB for long-term trade and investment. now we just have to see whether the development of the binance chain itself can make the BNB better.

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May 15, 2019, 04:34:33 PM
 #109

After hacking the exchange price almost did not roll back down, the Binance team was able to fix it, so I think to sell now very early! But everyone decides what to do.







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May 15, 2019, 04:39:39 PM
 #110

I still think holding BNB will be a better choice for us for a long term profit, because it is an exchange token, it will always be the top altcoin of Binance's support, moreover i believe Binance will keep pumping BNB in the future so it will be a huge profit for any holders dare to invest in BNB as soon as we can.

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May 15, 2019, 04:43:58 PM
 #111

If after the hack and it dis little or nothing to the price of BNB, then I think you have nothing to fear, for BNB is a long term hold and I don't see myself selling any time soon

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May 15, 2019, 04:48:10 PM
 #112

At the moment, my best decision is long-term hold of BNB, well, the reasons for growth still remain, so I hold.

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May 15, 2019, 04:50:30 PM
 #113

sold BNB on the right time and buy back when it down, but when? i think before ann Binance IEO is the best choice, and sold it when the IEO almost done.

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May 15, 2019, 04:52:01 PM
 #114

After hacking the exchange price almost did not roll back down, the Binance team was able to fix it, so I think to sell now very early! But everyone decides what to do.
indeed there is no significant effect of hacking that occurs. even the IEO plan carried out by binance still gets a good response from investors. until now binance has the ability to maintain trust from its users. it's better to keep the BNB up to a few more, who knows there will be a pump again.

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May 15, 2019, 04:52:50 PM
 #115

You can't do anything for now since their stopped any withdrawals from binance so even if you convert your coins means it will still under their control so better let it be and come back to see whether its grown or not.

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May 15, 2019, 04:59:48 PM
 #116

Yeah i hear that rumor too.
But i will keep and hold my BNB coin, i believe Binance not like that and i also believe if Binance hacked 7000 BTC is not true.

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May 15, 2019, 06:12:53 PM
 #117

Yes, I agree now sells only loser.  Because it is very stupid to sell on the market that goes up.  Now everyone has bought up to the maximum and are waiting for the peak of growth in order to sell and earn.
But as it usually happens, we can be very deceived, because in most cases we have seen this situation before. Manipulators perfectly understand the psychology of people and play on it.
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May 15, 2019, 06:18:38 PM
 #118

After hacking the exchange price almost did not roll back down, the Binance team was able to fix it, so I think to sell now very early! But everyone decides what to do.
Nah Binance is serious on their business. And I don't think that BNB will fall that much since your funds are safe in binance. Even though there were 7000 BTC that was stolen, still your funds are safe. BNB is a long term investment. So, I will still hold my BNB.

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May 15, 2019, 06:36:09 PM
 #119

BNB is a long-term investment coin. It would be better to hold it, as Binance has been getting more and more popular, so the price of its coin would definitely increase with the passage of time.
I agree with you completely, BNB will definitely rise in price in the future, and now it is probably not necessary to sell it, because in the future it can grow significantly! Wink







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May 15, 2019, 06:41:10 PM
 #120

Buy low sell high can be really tricky with a coin like BNB.
The demand for it is always going to increase and will climb incredibly high.
Unless you time it right, you might actually end up losing a lot money.

I would say sell then buy based off of percentages.
If you see it shooting up more than 2% consistently over the day, then don't sell.
If you see it jumping to 5% or more in value than sell.

Typically a drop in price occurs after a coin rapidly rises in value 5% or more.

Make sure you have given yourself enough time to watch the market to buy back in.
When it drops 2 to 3% lower than the price you bought it at, then buy back.
If you want to be risky you can wait for it to drop more, but you could very easily lose your window.

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